JUDGMENT :

1. Heard Dr. A. Saraf, learned senior counsel assisted by Mr. A. Goyal, learned counsel for the petitioner. Also heard Mr. S.N. Sarma, learned senior counsel assisted by Mr. A Kalita, learned counsel for the … Respondents.

2. The petitioner-company involved in providing complete solutions for the offshore oil and gas industry combining customized engineering, procurement, fast-track project management and state of art fabrication capabilities meeting the stringent timelines, conforming to international safety standards. The respondent-Oil India Ltd. (‘OIL’) came out with an invitation to bid under the International Competitive Bidding (‘ICB’) under Single Stage 2-Bid system format through IFB No. CPG2023P20 for Engineering, Procurement, Construction, Testing and Commissioning of a Modular Field Gas Gathering Station (‘FGGS’) at Baghjan, Assam (‘the project’). The bidding process in two bids system consists of the Techno Commercial Bid which was to be submitted. The technical bid was supposed to be opened on the day of the bid submission and commercial bid was supposed